CHICAGO, Ill. — Officials of the 100-year-old American Society of Safety Engineers" (ASSE) 2011 Exposition announced that the Chicago exposition, opened Sunday, is a record breaker. Held in conjunction with ASSE's Professional Development Conference (PDC) being held June 12-15 at the Chicago McCormick Place Convention Center, the expo features close to 500 exhibitors and sold 75,000 square feet. It is ASSE's largest expo ever in its 100 year history. The 2011 expo exceeded last year's record breaking numbers in Baltimore which had just over 400 exhibitors who reserved 62,000 square feet in display space. Exhibitors range from large corporations … Read more
FMI's Construction Outlook: Second Quarter 2011 Report Available
Construction Market Forecast: General Economy Seeing Mixed SignsRALEIGH, N.C. — FMI, the largest provider of management consulting and investment banking to the engineering and construction industry, announces the release of the Construction Outlook: Second Quarter 2011 Report. In FMI's Construction Outlook for the second quarter 2011, there are signs that the economy is recovering — even for contractors — but you have to look hard to see them. The stock market has taken on a more bullish trend since the bottom of the recession, but that bull has yet to visit Main Street, which is struggling to fix the potholes, … Read more
Design-Build Project Delivery Used for More Than 40% of Non-Residential Construction Projects, Report Shows
Design-Build Institute of America Data Reveals Steady Growth in Design-Build Use WASHINGTON, D.C. — A new study analyzing the design-build project delivery method in the United States shows it was used on average in more than 40 percent of non-residential construction projects in 2010, a ten percent increase since 2005. The study was commissioned by the Design-Build Institute of America and was completed by RSMeans Reed Construction Data Market Intelligence. Design-build is an integrated approach that delivers design and construction services under one contract with a single point of responsibility. “This report reinforces that design-build is a growing and popular … Read more
Tilt-Up Concrete Association Spearheads Design, Construction of Korean War Veterans Memorial
MT. VERNON, Iowa — The Tilt-Up Concrete Association— a nonprofit international organization that serves to expand and improve the use of Tilt-Up as the preferred construction method — along with the Kansas City, Missouri Parks and Recreation Department and the Concrete Promotional Group of Kansas City will be spearheading the design and construction of the Missouri Korean War Veterans Memorial. Developed by the TCA to encourage member companies and organizations of the Annual Convention's host city to give back to the community, work is being performed on the project leading up to the Convention being held in Kansas City, Mo. … Read more
Sixty-Three% of Architects Surveyed Report Stalled Projects
Lack of Financing Cited as Primary Cause WASHINGTON, D.C. —Almost two-thirds of architects surveyed by the American Institute of Architects last month report that they have at least one project that is stalled due to lack of financing, despite record low interest rates. The survey of April business activity was taken as part of the AIA's Architectural Billings Index (ABI), a leading monthly economic indicator of construction activity that provides a nine to 12-month glimpse into the future of nonresidential construction spending activity. Of the 63% of firms surveyed with stalled projects, the average value of each project was almost … Read more